HAMMEL ELFORSYNING NET A/S — Credit Rating and Financial Key Figures

CVR number: 32479243
Industrivej 7, 8450 Hammel

Credit rating

Company information

Official name
HAMMEL ELFORSYNING NET A/S
Established
2009
Company form
Limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About HAMMEL ELFORSYNING NET A/S

HAMMEL ELFORSYNING NET A/S (CVR number: 32479243) is a company from FAVRSKOV. The company reported a net sales of 7.8 mDKK in 2023, demonstrating a growth of 2 % compared to the previous year. The operating profit percentage was at 18.7 % (EBIT: 1.5 mDKK), while net earnings were 1035.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 25.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HAMMEL ELFORSYNING NET A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales6 927.776 944.227 664.067 685.677 838.42
Gross profit2 310.222 424.573 168.462 975.203 211.25
EBIT730.93348.391 377.131 133.821 466.16
Net earnings347.5090.33856.67405.491 035.88
Shareholders equity total8 171.628 261.969 118.639 524.1210 560.00
Balance sheet total (assets)37 439.1343 009.5240 923.5040 466.7441 872.78
Net debt2 238.182 380.373 995.736 043.514 199.00
Profitability
EBIT-%10.6 %5.0 %18.0 %14.8 %18.7 %
ROA2.0 %0.9 %3.3 %2.8 %3.9 %
ROE4.3 %1.1 %9.9 %4.4 %10.3 %
ROI2.6 %1.1 %4.2 %4.2 %7.6 %
Economic value added (EVA)722.96158.111 063.14740.77938.34
Solvency
Equity ratio21.8 %19.2 %22.3 %23.5 %25.2 %
Gearing100.4 %126.2 %112.5 %120.6 %99.0 %
Relative net indebtedness %336.4 %384.6 %333.3 %331.8 %319.7 %
Liquidity
Quick ratio0.50.60.50.50.6
Current ratio0.50.60.50.60.6
Cash and cash equivalents5 964.508 042.646 260.655 439.146 253.78
Capital use efficiency
Trade debtors turnover (days)6.884.225.923.350.5
Net working capital %-188.6 %-210.1 %-187.0 %-155.3 %-112.9 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:3.89%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.2%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board
Board member
Board member

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